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If a student wins a competition and receives a prize of $2500, and he donates 10

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Question: If a student wins a competition and receives a prize of $2500, and he donates 10% of it to charity, how much does he donate? (2023)

Options:

  1. $250
  2. $300
  3. $200
  4. $400

Correct Answer: $250

Exam Year: 2023

Solution: 

Amount donated = 10% of 2500 = 0.1 * 2500 = $250.

If a student wins a competition and receives a prize of $2500, and he donates 10

Practice Questions

Q1
If a student wins a competition and receives a prize of $2500, and he donates 10% of it to charity, how much does he donate? (2023)
  1. $250
  2. $300
  3. $200
  4. $400

Questions & Step-by-Step Solutions

If a student wins a competition and receives a prize of $2500, and he donates 10% of it to charity, how much does he donate? (2023)
  • Step 1: Identify the total prize amount, which is $2500.
  • Step 2: Determine the percentage to be donated, which is 10%.
  • Step 3: Convert the percentage to a decimal by dividing by 100. So, 10% becomes 0.1.
  • Step 4: Multiply the total prize amount by the decimal. Calculate 0.1 * 2500.
  • Step 5: Perform the multiplication: 0.1 * 2500 = 250.
  • Step 6: Conclude that the amount donated to charity is $250.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
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